Core Insights - Nightfood Holdings, Inc. has completed its first hotel acquisition by acquiring Victorville Treasure Holdings, LLC for $31 million, marking a significant step in its strategy to integrate AI-powered robotics into hotel operations [1][2]. Acquisition Details - The acquisition was finalized on August 27, 2025, and includes a share exchange agreement that involves 216,667 shares of NGTF Series C Preferred Stock, convertible into common shares [2][9]. - The total purchase price of $31 million includes $5 million in performance-based earnout consideration [9]. Strategic Importance - This acquisition serves as the foundation for Nightfood's AI-driven hospitality platform, positioning the company at the forefront of automation in hotel operations [2][6]. - The Victorville property will be utilized as a Robotics-as-a-Service (RaaS) innovation site, focusing on automation deployment and operational benchmarking across hospitality brands [3][4]. Future Plans - Future phases will expand robotics deployment across various hotel functions, including housekeeping and foodservice, aiming to create a scalable "Smart Hotel" operating model [4][6]. - The company aims to address rising labor costs and operational inefficiencies in the hospitality sector through its vertically integrated model, combining hotel ownership with proprietary robotics [6][8]. Market Positioning - Nightfood's strategy of integrating robotics with real estate ownership positions it to capture market share in the global service robotics industry, which is projected to exceed $170 billion by 2030 [8].

Core Insights - YY Group Holding Limited has signed a Memorandum of Understanding (MOU) with KEENON (Hong Kong) Limited to enhance its robotics integration initiative aimed at improving service consistency, safety, and operational efficiency [1][2][4] Strategic Robotics Expansion - The robotics integration initiative targets high-impact sectors such as hospitality, healthcare, and facilities management, with the deployment of robotic dish-servers and cleaners already underway in Singapore and Malaysia [3][4] - The MOU with Keenon will pilot advanced indoor service robots tailored for commercial environments in Singapore and Malaysia, focusing on AI-enabled robotics to enhance efficiency and address manpower challenges [4] Enhanced Value Proposition Through Human-Centric Robotics - The collaboration emphasizes human-robot synergy, where Keenon's robots will complement human teams by handling repetitive tasks, allowing staff to focus on higher-value responsibilities [5] - YY Group's deployment model offers clients various options, including on-demand and capital ownership models, supported by in-house technicians for reliable long-term use [6] Strategic Imperatives & Future Outlook - CEO Mike Fu highlighted that the collaboration with Keenon marks a significant milestone in YY Group's robotics integration strategy, aiming to accelerate the adoption of intelligent service robots across Southeast Asia [7] - Pilot deployments are already in progress with select clients, extending YY Group's existing robotics program and laying the groundwork for broader scaling across the region [7][9] - The integration of Keenon's solutions is expected to improve asset efficiency, elevate service outcomes, and support new recurring revenue streams, aligning with YY Group's long-term strategy [9]

Core Insights - Nightfood Holdings, Inc. is set to finalize the acquisition of two flagship hotel properties in California, valued at approximately $80 million, which will enhance its vertically integrated hospitality and automation strategy [1][2][4] - The company is rapidly scaling a dual-focus model that combines asset ownership with Robotics-as-a-Service (RaaS), aiming to increase its assets under management and create a long-term infrastructure for AI-driven service robotics [2][5] - Nightfood's CEO emphasizes that these properties will serve as strategic launchpads for embedding next-gen automation into hotel operations, addressing labor challenges and generating scalable recurring revenue streams [3][6] Market Opportunity - The AI in hospitality market is projected to grow to $1.46 billion by 2029, with a compound annual growth rate (CAGR) of 57.8%, while the global hospitality robotics market is expected to expand from $24.38 billion this year to $107.24 billion by 2034 [7] - Labor costs in the U.S. hotel sector have increased by approximately 22% since 2019, indicating a pressing need for tech-enabled efficiency solutions in the hospitality industry [7] Strategic Execution - Nightfood plans to complete due diligence on the Victorville asset by early August, with the Rancho Mirage asset to follow, both of which will be integrated into the company's AI automation platform [4] - The RaaS platform allows hospitality operators to adopt AI solutions on a subscription basis, which reduces capital expenditures while enhancing guest satisfaction and profitability [5] Integrated Growth Model - Nightfood's unique value proposition lies in its full-stack vertical integration, which helps eliminate barriers faced by robotics startups and enables rapid validation and scaling of solutions [6] - The company aims to own hotels, deploy automation, monetize efficiencies and data, and expand recurring revenue streams [8]

Core Insights - Nightfood Holdings, Inc. has appointed Jimmy Chan as CEO and Ried Floco as President, marking a significant leadership transition aimed at driving the company's expansion in AI-driven hospitality automation and real estate-backed hotel operations [1][2] Leadership Experience - Jimmy Chan brings over 20 years of experience in capital markets and entrepreneurship, having founded CarryOutSupplies.com, a major provider of custom-printed foodservice packaging in North America. His expertise includes operational optimization, vertical integration, and supply chain innovation, which will support Nightfood's corporate development and capital markets strategy [3] - Ried Floco has over three decades of executive leadership in the hospitality sector, managing over 200 hotel properties with asset valuations exceeding $3 billion. He will focus on deploying Nightfood's Robotics-as-a-Service (RaaS) platform and leading hotel asset acquisition strategies [4] Strategic Focus - The leadership changes are expected to enhance shareholder value and promote disciplined growth through the combined expertise of Chan and Floco in scaling businesses and leveraging automation [2][6] - Sonny Wang, the former CEO, will now serve as Chief Revenue Officer, concentrating on maximizing revenue across AI robotics, hotel operations, and hospitality supply chain [5] Company Vision - Nightfood is positioned to lead the $170+ billion global service robotics market by integrating AI-powered service robotics with a strategic real estate-focused hotel acquisition model. This dual focus aims to reduce labor costs, improve guest experiences, and drive operational efficiency [7]

As filed with the Securities and Exchange Commission on September 1, 2023. Registration Statement No. 333-273628 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 RICHTECH ROBOTICS INC. (Exact name of registrant as specified in its charter) __________________________ (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) Nevada 3569 88-287 ...